Restaurant & Wine Bar. Retiring Business Owner

Asking Price$449,000

Cash Flow
$130,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$932,291

InventoryNot Disclosed

FF&E$106,000
Included in asking price
listing imageSave

Restaurant & Wine Bar. Retiring Business Owner


Asking Price$449,000

Cash Flow
$130,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$932,291

InventoryNot Disclosed

FF&E$106,000
Included in asking price

Seller Financing Available
Business Description
20+ year old Restaurant with Beer & Wine license.
Hours
Tue-Thur Dinner Hrs
Fri-Sat Lunch/Dinner
Sunday Lunch/Dinner
Employees- 8
Longest tenured employee- Full time cook of 17 yrs
Restaurant seats up to 66 guests
Outdoor patio seats up to 36 guests
Sq footage- 2,470+ (Under $30/sq ft)
Basement storage space
Lease through Sept 2027. Landlord is aware of ownership transfer.
Rent $5700/mo
Owner performs admin tasks such as payroll, inventory and ordering
Low turnover but plenty of job inquires in this busy part of the city!
No renovations needed.
About the Business
Years in Operation
16
Facilities & Assets
Lease Terms Options: options
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
2,470
Rent
$5,251.00 per month
Lease Expiration
1/1/2027
About the Sale
Seller Motivation
Moving
Transition Support
Number of Weeks Seller Will Offer Training: 3
Listing Info
ID
2352804
Listing Views
446

Contact Seller

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Business Listed by: Veronica Arevalo Transworld Business Advisors of Boston

Listing ID: 2352804 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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